It is that simple! Here is a longer list: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, 17711, 28657, 46368, 75025, 121393, 196418, 317811, ...

Can you figure out the next few numbers?

What are Fibonacci Numbers and Lines?

Fibonacci numbers are used to create technical indicators using a mathematical sequence developed by the Italian mathematician, commonly referred to as "Fibonacci," in the 13th century. The sequence of numbers, starting with zero and one, is created by adding the previous two numbers. For example, the early part of the sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89,144, 233, 377, and so on.1

This sequence can then be broken down into ratios which some belief provide clues as to where a given financial market will move to.

About Fibonacci

His real name was Leonardo Pisano Bogollo, and he lived between 1170 and 1250 in Italy. "Fibonacci" was his nickname, which roughly means "Son of Bonacci".

As well as being famous for the Fibonacci Sequence, he helped spread Hindu-Arabic Numerals (like our present numbers 0, 1, 2, 3, 4, 5, 6, 7, 8, 9) through Europe in place of Roman Numerals (I, II, III, IV, V, etc). That has saved us all a lot of trouble! Thank you, Leonardo.

Learn the mathematics behind the Fibonacci numbers, the golden ratio, and how they are related. These topics are not usually taught in a typical math curriculum, yet contain many fascinating results that are still accessible to an advanced high school student. The course culminates in an explanation of why the Fibonacci numbers appear unexpectedly in nature, such as the number of spirals in the head of a sunflower.

• Fibonacci numbers

• Golden ratio

• Fibonacci identities and sums

• Binet's Formula and its application

• Fibonacci Numbers in trading